• TR
  • EN
Program Type: 
Non Thesis
Course Code: 
ECON 539
Course Type: 
Course Language: 
Course Coordinator: 
Courses given by: 
Course Objectives: 

Entrepreneurship is a driving force in any economy. Entrepreneurs help the economy; creation of new jobs, strength of our economy because of innovation and research and development, creating wealth for many individuals seeking business opportunities. Entrepreneurial economics is the study of the entrepreneur and entrepreneurship within the economy. Early economic theory, however did not lay proper attention to the entrepreneur. The entrepreneur and entrepreneurship should take center stage to explain entrepreneurial economy. Thus, the aim of this course is to use the tool of economics to understand the entrepreneurial process and analyse the role of entrepreneurship in the economies, especially in Turkey.

Course Content: 

This class begins by asking "who is an entrepreneur" and "what type of entrepreneurs there are" and discusses different views of entrepreneurship, the firm and market structures, competition and entrepreneurial processes. Using the data of the Global Entrepreneurship Monitor, we will explore three fundamental questions: Does the type of entrepreneurial activity vary between countries? Are the differences in national entrepreneurial activities related to national economic growth? What national characteristics are related to differences in the types of entrepreneurial activity? Finally, the entrepreneurial climate of Turkey will be analyzed.

Teaching Methods: 
1: Lecture, 2: Question-Answer, 3: Discussion, 12: Case Study
Assessment Methods: 
A: Testing, B: Experiment, C: Homework, Q: Quiz

Vertical Tabs

Course Learning Outcomes

1. The nature of entrepreneurship and types of entreprenurship
2. The role of profits and losses in the entreprenurial process
3. Productive and unproductive entreprenurship
4. Public policies which foster entreprenurship
5. Entreprenurial activities in Turkey

Course Flow

Week Topics Study Materials
1 Definition of an "Entrepreneur" Various journal articles and books
2 Significance of the entrepreneurs Various journal articles and books
3 Classic contribution to entrepreneurship theory Various journal articles and books
4 Schumpeter and the economic innovation Various journal articles and books
5 Modern perspective and applications Various journal articles and books
6 Modern perspective and applications Various journal articles and books
7 Is entrepreneurship missing from Economic theory? Various journal articles and books
8 Entrepreneurship and the structure of the firm Various journal articles and books
9 Competition and Industrial structure Various journal articles and books
10 Entrepreneurship in Turkey and in the World Various journal articles and books
11 Entrepreneurship in Turkey and in the World Various journal articles and books
12 Entrepreneurship in Turkey and in the World Various journal articles and books
13 Entrepreneurship in Turkey and in the World Various journal articles and books
14 Entrepreneurship in Turkey and in the World Various journal articles and books

Recommended Sources

Textbook There is no text book for this course. Instead we will be using a set of reading complied from various journal articles and books.
Additional Resources Videos and guest speakers


Quizzes (attendance, presentation, etc.) 2 40
Assignments 2 60
  Total 100
Contribution of Final Examination to Overall Grade    
Contribution of In-Term Studies to Overall Grade   100
  Total 100

Course’s Contribution to Program

No Program Learning Outcomes Contribution
    1 2 3 4 5
1 Formulate and develop a critical and comprehensive understanding of global and national economic problems, and construct and design practical solutions;       x  
2 Extract information and concepts from various disciplines in social sciences and integrate them under the rubric of economics;         x
3 Construct testable hypotheses to find original, practical solutions to various social ills and problems;       x  
4 Develop an analytical understanding of economic problems, and the ability to evaluate the inherent logic, assumptions and conclusions of alternative approaches;   x      
5 Develop the necessary technical skills to evaluate alternative approaches in economics;       x  
6 Formulate research projects, plan and conduct research in social sciences in general and in economics in particular;       x  
7 Present the results of their research in national and international conferences and in scientific and professional venues;       x  
8 Apply the scientific / academic modes of thought and analysis to their professional lives and form a bridge between the analytical and abstract modes of thinking of academia and the practical and dynamic skills of business life;       x  
9 Nurture and develop the analytical and technical skills necessary to continue their studies at a Ph.D. level, either in Turkey or elsewhere around the globe.       x  


Activities Quantity Duration (Hour) Total Workload (Hour)
Course Duration (Including Exam Week: 15xtotal course hours) 15 3 45
Hours for off-the-classroom study (Pre-study, practice) 15 10 150
Mid-terms     0
Quizzes (attendance, presentation, etc.) 2 10 20
Assignments 2 15 30
Final Examination     0
Total Work Load     245
Total Work Load / 25 (s)     9.8
ECTS Credit of the Course     10